Iggy Tan

Saxony Government Offers Altech €7.3-Million Grant For High-Purity Alumina Plant In Spreetal

Saxony Government Offers Altech €7.3-Million Grant For High-Purity Alumina Plant In Spreetal

Australian innovator Altech Chemicals Ltd. announced yesterday that it has been offered a commitment of €7,380,000 (~A$12.2million) from the government of the German state of Saxony to build a high-purity alumina plant. Per the firm, the HPA plant would be constructed at...

Altech Finalizes Johor HPA Plant Layout

Australian innovator Altech Chemicals Ltd. announced yesterday that it has finalized the design for its high-purity alumina (HPA) plant that is soon to be built in Johor, Malaysia. Per the company’s press release, the site’s design is the product of data collected during a recent geotechnical survey and consultations among EPC contractor SMS group GmbH, […]

After Eight-Year Journey, Altech Awarded Patent For Kaolin To High-Purity Alumina Process

Australian innovator Altech Chemicals Ltd. said yesterday that it has received a long-awaited patent for its unique process for producing high-purity alumina (HPA) from kaolin. Per Altech, the patent, which is for “A Method for the Preparation of Alumina,” covers the company’s innovative method for refining aluminous clay into HPA by using hydrochloric acid, crystallizing […]

Altech Share Purchase Program Raises A$4.3 Million For High-Purity Alumina Plant

Australian innovator Altech Chemicals Ltd. announced yesterday that a recent share purchase program (SPP) raised A$4.3 million, bringing the firm that much closer to putting its plans for the commercial production of high-purity alumina (HPA) into effect. Per the company, the late SPP involved existing shareholders who purchased the shares at A$0.165 per share. The […]

Altech To Raise A$20 MM As Construction At Johor Alumina Plant Begins

Australian innovator Altech Chemicals Ltd. announced yesterday the launch of two share offerings that are expected to raise A$20 million to complete engineering and begin construction of the firm’s high-purity alumina (HPA) plant in Johor, Malaysia. Per the company’s announcement, Altech has received around A$17 million in share placements for an offering of shares at […]

Altech Inks US$60 MM Stream Finance Deal for High-Purity Alumina Project

Australian innovator Altech Chemicals Ltd. announced yesterday that the firm has landed a non-binding term sheet with a United States investment group for a US$60 million stream finance facility supporting its high-purity alumina (HPA) project. Per Altech, the unnamed financier has agreed to advance Altech the US$60 million facility up front for a percentage of […]